Toronto Workforce Innovation Group

Toronto Workforce Innovation Group

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Bank of Canada expects limited job losses in AI transformation 05/28/2026

Gooood Moooorning, TO!

The Bank of Canada says it is not yet seeing widespread job losses from AI, but officials are closely monitoring how the technology could reshape Canada’s labour market in the years ahead.

📌 Highlights:
🔹The Bank of Canada says AI could boost productivity, wages, and investment without fuelling inflation
🔹AI adoption remains concentrated in finance and insurance
🔹Some roles may eventually be eliminated, while others are expected to be transformed or newly created
🔹The Bank says AI is currently being used more to automate routine tasks than replace workers outright
🔹AI being used to automate routine tasks is placing new graduates at risk, eliminating early skill-building roles
🔹Officials are encouraging youth and workers in AI-exposed industries to build AI-related skills

The conversation around AI and work continues to shift from replacement toward transformation — with growing emphasis on productivity, adaptation, and upskilling. Details here 👉️🔗https://buff.ly/DavKweZ

Bank of Canada expects limited job losses in AI transformation The Bank of Canada isn’t yet seeing widespread job losses from artificial intelligence but senior officials at the central bank are watching the labour market

CNE is hiring for summer jobs in Toronto 05/28/2026

Gooood Eveeeeeening, TO!

Summer hiring season is ramping up in TO as the Canadian National Exhibition (CNE) opens applications for thousands of seasonal jobs ahead of the 2026 fair.

📌 Details:
🔹The CNE is hiring for dozens of seasonal positions across operations and entertainment
🔹Roles include ticket sellers, gate attendants, traffic controllers, bartenders, info booth staff, and costume characters
🔹Applicants must generally be between 14 and 18+ depending on the role
🔹Workers must be available for all 18 days of the fair from Aug. 21 to Sept. 7
🔹Last year’s hiring process attracted a record 54,000 applications for roughly 5,000 positions

With competition for youth and seasonal work remaining intense across Toronto, major summer employers like the CNE continue to play an important role in creating entry-level job opportunities. Details here 👉️🔗https://buff.ly/Kd6UOk9

CNE is hiring for summer jobs in Toronto If you're currently on the hunt for a summer job in Toronto, make sure to start cleaning up your resume as soon as possible, because the Canadian Nat…

05/26/2026

Gooood Evveeeening, TO!

Canada’s labour market showed little movement in April, but unemployment continued to edge upward as more Canadians searched for work.

📌 Highlights:
🔹National unemployment rate rose to 6.9%
🔹Ontario added 42,000 jobs (+0.5%)
🔹Ontario’s unemployment rate edged down to 7.5%
🔹Youth unemployment climbed to 14.3%
🔹Average hourly wages rose 4.5% year-over-year
🔹Employment gains were concentrated in health care, accommodation & food services, and support services

While wage growth remains relatively strong, labour market softness continues to show up in youth employment and full-time job losses. Full article here 👉️🔗https://buff.ly/bSWZXIi

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